Communications
club_cafe
HelpRegister
Pertner percentages
According to our member list and our partnership
documentation, each of our partners own 5% of the
partnership. However, according to the K-1s two of our
partners have much lower percentages. How do I get all of
the percentages to be 5.0%?

Julia Van de Water
If partners have made different payments or if you value their purchase at the time payments are processed, different percentages are probably accurate and desirable.
 
Mike Jones
oracle_guy_2@yahoo.com
Wall$treet Wannabees


From: Julia C. Van de Water <vandewaterj@comcast.net>
To: club_cafe@bivio.com
Sent: Friday, February 28, 2014 12:11 PM
Subject: [club_cafe] Pertner percentages

According to our member list and our partnership
documentation, each of our partners own 5% of the
partnership. However, according to the K-1s two of our
partners have much lower percentages. How do I get all of
the percentages to be 5.0%?

Julia Van de Water


What happens if you grow to have 21 partners?


On Fri, Feb 28, 2014 at 12:11 PM, Julia C. Van de Water <vandewaterj@comcast.net> wrote:
According to our member list and our partnership
documentation, each of our partners own 5% of the
partnership. However, according to the K-1s two of our
partners have much lower percentages. How do I get all of
the percentages to be 5.0%?

Julia Van de Water

I agree.  Ownership should be based on %owned as bivio calculates it and not some arbitrary pre-determined number.  Same problem if a member quits, dies, etc.  Bob Anderson, SFLIC
On Feb 28, 2014, at 2:03 PM, Mark Eckman <mark2459@gmail.com> wrote:

What happens if you grow to have 21 partners?


On Fri, Feb 28, 2014 at 12:11 PM, Julia C. Van de Water <vandewaterj@comcast.net> wrote:
According to our member list and our partnership
documentation, each of our partners own 5% of the
partnership. However, according to the K-1s two of our
partners have much lower percentages. How do I get all of
the percentages to be 5.0%?

Julia Van de Water